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MikulovicFOREX
Feb 26, 2020 10:18 AM

GBPUSD: Bullish signal Long

British Pound/U.S. DollarFXCM

Description

26/02-2020

Bullish 121 pattern on GBPUSD, chance to get onboard the ab=cd pattern on the daily timeframe (check related ideas )

Comment

For those of you claiming its an invalid pattern...

''B'' should be between 61.8%-78.6% of XA - can not close below 78.6%

''D'' should be between 50%-61.8% BC - can not close below 61.8%

Clearly the chart shows that price has not closed below 61.8%. this makes it a valid pattern.

God bless !
Comments
transparent-fx
this is what i will be monitorng on gbpusd
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